SDV 3.13% 49.5¢ scidev ltd

sounds like a final farewell, page-8

  1. 177 Posts.
    This morning I spoke with Dave Sammit on the phone (no it has not been disconnected yet).
    After a lengthy conversation I formed the opinion that inl was tidying up, NOT winding up.
    While Dave is under instructions from the board not to make forward looking statements
    It is fair to say based on his words, that he is not looking for a new job.
    Other than for issues of the future, all questions were answered with enthusiasm and optimism for the company going forward.
    IMRP is not dead,
    Negotiations are still current and taking place.
    Given the price of zinc, we should not be surprised or disappointed that production has for the moment been suspended from Hellyer (least we don’t have to be concerned that operations would drain the company of working capitol)

    While not knowing more than any well informed shareholder
    Based on my conversation with Dave I will not be selling my inl holdings at this point in time, especially before next week (call it the long wait if you like)

    If we accept that any worthwhile negotiations can take longer than anticipated, nothing much has changed other than the share price.
    So what does the market know, I suggest no more than we do

    Personally I feel it would be premature to sell the pennys when the pounds may be just around the corner
 
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